Estonia: Tallinn announces public procurement for construction of Reidi Road

The Utilities Department of the City of Tallinn announced a public procurement for the primary builder in the construction of the Reidi Road project. The necessary work includes road construction extending the existing waterfront fortification, the establishment of utility networks, construction of water supply and sewage, a pumping station, street lighting, landscape architecture, electricity supply,…

Ukraine: financing of solar power plants construction in Vinnytsia region by EBRD another step to country’s energy independence

Ukrainian President Petro Poroshenko has expressed gratitude to the European Bank for Reconstruction and Development (EBRD) for organizing the financing of EUR 25.9 million for construction of solar power plants with a capacity of almost 34 MW in Vinnytsia region. “The EBRD has allocated EUR 25.9 million for construction of three solar power plants in…

Belarus: Construction Ministry to expand cooperation with Russia and Ukraine

Belarus’ Construction and Architecture Ministry will expand cooperation with Russia and Ukraine, Belarus’ Construction and Architecture Minister Anatoly Chernyi declared. “There are plans to hold meetings with the governors of Bryansk region and Smolensk region. The meeting with the Kaliningrad region governor is scheduled for next week. Plans are in place to build the Belarusian…

Ukraine: trade with Finland growing

Trade between Ukraine and Finland has increased by 17%, Ukrainian Foreign Minister Pavlo Klimkin has said. He stated this at a joint briefing with Finnish Foreign Minister Timo Soini. “Our turnover has grown by 17%,” Klimkin said. In addition, he said that a meeting of the joint Ukrainian-Finnish commission on trade and economic cooperation was…

Belarus: milk production up in 2017

In 2017 Belarusian agricultural enterprises of all kinds (state-run agricultural enterprises, private farming enterprises, and personal subsidiary economies) produced 7,321,900 tons of milk, up 2.5-fold YoY, the National Statistics Committee reported. As of January 1 the cattle population in the agricultural enterprises of all kinds made up 4.4 million, up by 1.5%, including 1.5 million…

Azerbaijan: banking sector to overcome challenges

The Azerbaijani banking sector will be able to overcome the challenges before it, Ziyad Samadzade, chairman of the parliamentary committee on economic policy, industry and entrepreneurship, said at a conference on “Financing through capital markets, listing and investments” in Baku on March 6. Samadzade said that the banking sector of Azerbaijan had gradually begun to…

Georgia: new infrastructure to be built along BTK railway

New infrastructure will be built along the Akhalkalaki-Kartsakhi section of the Baku-Tbilisi-Kars (BTK) railway, the Azerbaijan Railways CJSC said. Tbilisi hosted a regular meeting of the BTK Coordination Council, according to the message. “During the meeting, Georgia’s first deputy prime minister, Minister of Economy and Sustainable Development Dimitri Kumsishvili told the audience about the economic,…

Ukraine: payments to consolidated budget in Vinnytsia region up in January-February 2018

Vinnytsia region transferred UAH 1.966 billion to the consolidated budget in January-February, according to the department of information activities and communication with public at Vinnytsia Regional State Administration. “The contribution of Vinnytsia region to the consolidated budget exceeded UAH 1.966 billion in January-February. The general sum of budget payments transferred over this period is UAH…